Blog tagged as Surety Market

Gallagher's Risk Placement Services division has acquired S Philips Surety & Insurance Services.

The deal expands Gallagher's U.S. wholesale brokerage and programs business.

The acquisition strengthens NYSE:AJG's presence in the surety and specialty insurance distribution segment.

For NYSE:AJG, who...

Washington, D.C., United States, March 03, 2026 (GLOBE NEWSWIRE) -- Largest Legislative Fly-In Brings Industry Message to Congress

The Surety & Fidelity Association of America (SFAA) and the National Association of Surety Bond Producers (NASBP) hosted their most successful Federal Legislative Fly...

Canada’s contractors are gearing up for a flood of federally funded infrastructure work. At the same time, the surety market supporting those projects remains stubbornly soft - even as claims pressure rises.

For Steve Hastings (pictured right), SVP, head of surety for Liberty Mutual Canada, that comb...

WASHINGTON — Today, the U.S. Small Business Administration (SBA) announced that its Surety Bond Guarantee (SBG) Program delivered record results in fiscal year (FY) 2025 with $10.6 billion in guarantees, marking the strongest year in the program’s history. In FY25, the program supported more than 2,...

The United States surety insurance market has enjoyed a boom the likes of which it has not seen in 10 years.

The United States surety insurance market has enjoyed a boom the likes of which it has not seen in 10 years.    (Adobe Stock photo) With a hat tip to the Federal Reserve for funding ...